“It’s now rare for a company to maintain a truly lasting advantage. Competitors and customers have become too unpredictable, and industries too amorphous. Speed is paramount. Fast and roughly right decision making must replace deliberations that are precise but slow.”

Dr. Rita Gunter McGrath

Harvard Business Review

WHY IS THIS COMPLEX & EVOLVING TOPIC IMPORTANT IN 2020…

Companies that master the response to a crisis will reap long-term rewards. They are smarter, and create opportunities to win in the long term [BCG]. A frightening prospect given 72% of senior executives believe bad strategic decisions are the prevailing norm in their organisation [McKinsey]. Speed of decision making will define the winners and losers as the ‘new normal’ is increasingly defined.

“Everybody has a plan until they get punched in the face”
Mike Tyson

2020 will be the most digitally disruptive year to date. The pressure to transform has hit boiling point, but continued flux in consumer demands, geopolitical (in)stability, and a rising cyber-security threat all risk derailing transformation plans. Whether your priority is to drive growth, meet customer demands or mitigate risk across your organisation, making the right decisions will be more crucial than ever before. If your company can’t make these decisions quickly, you will be left behind. How can you respond?